UnThreaded | Threaded | Whole Thread (5) | Ignore Thread Prev | Next
Author: arrete Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 744743  
Subject: Company stock, redux Date: 1/20/2000 5:42 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
I've been lurking on this board and intercst's original board forever. In fact, intercst's Retire Early Home Page http://home.earthlink.net/~intercst/reindex.html was extremely helpful in prodding me into taking the final plunge. However, I must come out because there is a question that hasn't been answered.
Call me paranoid, but when you take possession of company stock in the prescribed manner under 72(t), and you pay income tax on the original cost of the stock, is the stock considered just plain stock after that? i.e. can it be "stepped up" at death like any other stock? Or is it "marked" in some way so that the heirs would have to pay capital gains from the purchase price (i.e., it would not be "stepped up" at death). It would certainly make a difference on which stocks we would spend during retirement.
You all are the best board around.

arrete
Stop before it's too late.<i/>
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (5) | Ignore Thread Prev | Next

Announcements

Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Managing Your Wealth
Our own TMFHockeypop from Rule Your Retirement fame on the TV show Managing Your Wealth.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement